Capitec CEO Gerrie Fourie to retire after over a decade of leadership
This marks the end of more than a decade-long tenure in which he played a key role in transforming Capitec into the country’s leading digital bank.
South African banker
Standard Bank, led by Sim Tshabalala, makes $165 million bet on platinum group metals
The 5.74 percent stake in Northam Holdings boosts the bank’s mining investments in South Africa.
Absa Bank names South African banking veteran Kenny Fihla as new CEO
He will take over from Charles Russon, who has been serving as interim CEO following the early retirement of the previous chief executive.
South African banker Jason Quinn receives $5.8 million salary from Nedbank
The salary reflects his leadership in driving the bank’s growth, strengthening its market position, and navigating an evolving financial landscape.
Mary Vilakazi leads Africa’s biggest lender to $1.23 billion half-year profit
Led by South African banker Mary Vilakazi, FirstRand continues to demonstrate resilience and solid returns for shareholders despite challenging economic conditions.
Alan Pullinger, South African banker, sees stake in FirstRand dip below $30 million
The decline in Pullinger’s stake reflects the broader uncertainty among investors.
South African banker Sim Tshabalala-led Standard Bank, raises stake in JSE-listed Trencor to $4.2 million
The move, disclosed in a regulatory filing on Friday, Feb. 14, 2025, reflects the continued focus of Stand Bank.
Standard Bank’s market value drops below $20 billion amid non-compliance sanction
This decline has shaved $609.22 million off its market capitalization, reducing it from $20.18 billion to $19.57 billion.
South African banker Alan Pullinger's stake in FirstRand exceeds $30 million
This marks a significant milestone for Pullinger, who holds a 0.13 percent stake, equivalent to 7,079,000 ordinary shares in FirstRand.
Standard Bank, led by South African banker Sim Tshabalala, strengthens African infrastructure investment efforts
This aligns with plans to unlock opportunities for alternative energy infrastructure on the continent, building on past collaborations.
South African banking mogul Sim Tshabalala leads Standard Bank's Mauritius offshore expansion
South African banking mogul Sim Tshabalala leads Standard Bank's Mauritius offshore expansion, providing African businesses with secure access to international financial services.
